The clash

It’s probably not what he bargained for, but there he was nonetheless. The Vancouver Crown prosecutor, also a senior lawyer for the federal Justice Department, was this day actually representing Donald Trump and the US government, as he argued the Chinese woman at the back of the room should be locked up.

The lady in the chair Friday was Meng Wanzhou, a big cheese at Chinese tech darling Huawei. Her adversary was one of our blog dogs – doing his job at the request of Ottawa. He argued she’s too rich to be granted bail. No decision was reached, but Meng today is cooling her heels in a Van cell.

Beats me if this episode was justified or not. There are clearly things we all do not know. But Meng, the chief financial officer of a $90-billion company operating in 170 countries (and the daughter of the founder) was nabbed in YVR as she changed planes, on a business trip to Mexico. The arrest by our RCMP was made at the request of the White House, alleging Hauwei did some trading with Iran – in contravention to American sanctions.

In response, China is enraged with Canada. There will be consequences, we are told. The US ambassador has been summoned to Beijing for a dressing-down. If no release, then strong action. And it all comes exactly a week after Trump sat with President Xi to make nice, calm a trade war and improve relations between the two biggest economies.

So much for that. Huawei is China’s Apple. Its equipment is integrated into 45 of the world’s 50 biggest telecom companies. This group of almost 200,000 employees is at the leading edge of China’s stunningly successful barge into the global coms business. Huawei matters. Messing with it, is screwing with China. Grabbing one of the highest-profile women business leaders on the planet and locking her up for something a corporate subsidiary may have done seems like overkill. Obsessive. A vindictive Trumpian-style personal assault. At least that’s how Beijing is seeing this.

But our blog dog colleague argued otherwise. For five years, he said. Huawei used an ‘unofficial’ subsidiary to supply equipment to an Iranian telecom company, in violation of US sanctions. When news of that broke (five years ago) Meng argued there was no connection. Based on that banks financed the transactions. Now the US (and our guy in the Vancouver court) claims this was misrepresentation amounting to bank fraud. So Meng was nabbed and will be shipped off to taste American justice – after some Canadian penal hospitality.

So why does this matter, other than the fact this blog, like Kevin Bacon, is actually only six degrees of separation from every human alive?

Well, watch what stock markets do Monday morning. It won’t be pretty. Futures are down about 2% as I write this, atop the 4.6% decline for US equities last week (Update: futures down .3% by 5 am. Phew). In fact, the market’s off 10% from the record high level set way back in September. Half of that happened since last weekend’s Trump-Xi meeting, which markets now think was a sham, with the US leader coming out of it trying to polish a turd (technical international trade term).

So not only did the US leader say one thing after the dinner (“we made incredible progress”) then tweet something entirely different a day later (“I’m a tariff man”), but Americans told the Mounties to scoop up China’s female Steve Jobs between flights as her Jimmy Choos touched Canadian tarmac.

Investors, markets and most of the world do not want a trade war between these two bohemoths. The consequences of increased tariffs and protectionism are just too high for international commerce. Outfits lik Huawei, along with Apple, Samsung, Microsoft, Foxcon and Hitachi are everywhere across the planet, shipping product, building national infrastructures, employing millions and earning billions. Walls, borders, duties, non-tariff barriers and nationalist politicians are their enemies. They curb growth, reduce profits, shrink opportunity and make investors unhappy.

So here we are on the cusp of something. The economy’s okay. Corporate profits have been robust. Unemployment has crumbled. Inflation is subdued. Stocks are cheaper. Technology is galloping. There’s lots for markets to cheer. So many Wall Street poohbahs are calling for a hot 2019.

But incarcerated in Vancouver is a woman who can change a lot. The trade war now has a face. Meng Wanzhou, at the head of China’s largest public company, was treated at the airport the same as a fugitive drug lord or arms dealer. Our blog pal told the judge she is a flight risk. No bail. Her defence argued to flee would be dishonourable. We have a clash.

This can not end well, tweets and threats from Trump is one thing. Locking up Meng even short term is unforgivable.
This will be a long process and China will respond financially or if possible lock up a Canadian. Hence cancelled meeting by our BC govt to ho to China.
This will end badly.

At an early age, I learned not to fight other people’s battles. Not only is there no reward but they quickly forget the risks and troubles you accumulate on their behalf. If the PM, as he has said, didn’t know this was going to happen, then there is something seriously wrong in the way his staff is organized. They should have known where this woman was, who she was, what the risks were, including her getting out of one plane for another. She should have been sent on her way to Mexico lickety split, even if it was in a private jet. I’m afraid that the world powers do not share JT’s priorities and that includes what he thinks isn’t important. More and more I feel like we have an undergraduate in charge.

The Freedom Roll Standard Committee is urging all gold, bitcoin and oil, gas and mining investors to stop stating their networth in fiat money. This defeats our purpose to educate ignorant masses to move away from a fiat money economy into a Freedom Roll economy. You should state your networth in hygienic paper rolls, which for our purposes are to be named Freedom Rolls. State your networth in the universal Freedom Roll currency! Tenants: insist to pay your rent in Freedom Rolls! Landlords: only accept rent paid in Freedom Rolls! Start the Revolution now! Freedom Rolls are our only escape to freedom from the NWO communistic climate change agenda!

On another note, and only if Garth will allow for this to be posted, is the link for a PETITION TO THE GOVERNMENT OF CANADA regarding Migrants and Immigration and legality/regularity surrounding this issue.

I think we need to act lawfully despite the political and economic risks. I expect my dwindling portfolio will suffer and I depend on it in my now senior years. Trudeau is following a globalist socialist agenda which I loathe and whoever is pulling his strings will have him under pressure to back off but we need to let this lady have her day in court and have a judge make a decision after a transparent process when he or she has all the facts. We do need to make judgements based on reason and evidence. The reality may be quite unpleasant for us but if we have lost impartiality of judges we’re in bigger trouble.Truth/reality matters so lets deal with that and stop pretending we live in a nice safe world.

I sincerely trust the USA has solid proof of misdeeds to justify the arrest of Huawei’s CFO. ‘Alleged’ does not fill me with confidence for a number of reasons, including the whole ‘guilty, must prove innocence’ scenario. Some earlier comments when this story broke asked if Canada should ‘turn a blind eye’ when the rule of law if being flouted. My answer is no, but if this turns out to be some political maneuver to put pressure on China & Ms. Wenzhou’s arrest was not justified, Canada will have been a party to that. What action should Canada take then?

Well, if Meng does spend time in prison, lets hope she shares a cell with D. Trump, who really should do a lie detector test to settle how many lies he’s told and crimes he’s committed.
That would determine his sentence!!!
Lets see those tax returns he’s avoided showing for 2 years.
What a sham!

And very unlucky to be living in Vancouver. Ground zero of this stuff. Vancouver is the gateway of dirty money that funds very bad stuff throughout the world.

Let’s talk facts:

Owns multiple Vancouver homes close to 30 million. Mostly mortgaged (like she can’t afford it) with the second home 100% financed (different bank rules for different people I guess).

Telus boss said we should have let her slip away. Go Telus and your 5G network. Other countries like US, OZ are banning their tech. It has kill switches that can shut us down at will once fully utilized. Duh. Telus don’t mind though.

SkyCom is the subsiduary at the center of with ties to a South Vancouver address.

It is also registered in the BVI of the Panama Papers Databased registered to a Li Mei Zhu.

Canada would not have made an arrest if not for the US here and people like miss criminal Clark here in the province would have actually setup a meeting to try and encourage more business of such.

#96 Stan Brooks on 12.09.18 at 8:54 am
#82 SoggyShorts on 12.09.18 at 2:26 am
I know that driverless trucks are coming, but your timeline for when truckers become “obsolete” is just too far fetched.
Remember, you said “5-10 years max, maybe less”
That means you think it might happen in 4 years.
Not. Going. To. Happen.

We barely have any unsupervised trains yet. Think about that- A train is a vehicle that always has the right of way, never has to make a turn, and always runs the same route, and yet still we have a human in ultimate control. We don’t even trust a robot with a 2 command vehicle “stop” “go”.

To make truckers “obsolete” you’d need “dock to dock” AI transport, and that is way beyond what they are thinking about in 5-10 years. Highway only? Sure, that is possible but won’t make truckers obsolete.
Almost every dock in NA and many gas stations are totally unique, and often have line-ups which aren’t realistic for a robot to navigate. I don’t see a trillion dollar upgrade to infrastructure just to support this happening in your time-frame either.

BTW when you link articles, they should at least support your position, the Guardian article you linked says nothing of the sort.

On another note, and only if Garth will allow for this to be posted, is the link for a PETITION TO THE GOVERNMENT OF CANADA regarding Migrants and Immigration and legality/regularity surrounding this issue.

There is no way Canada should have touched this. What a bunch of buffoons we have running this country. No matter which way you look at it, this is not our problem. It’s between US and China, and by sticking our noses into it, the country is going to suffer. We could have easily let her board a plane for Mexico and acted like incompetent morons – like our glorious leadership – and nobody would have been the wiser.

Here’s a thought.Macron is really T2 twin brother.There doing the same thing,open borders,high immigration,carbon gas tax,total disconnect from the working class people.T2 was brought up a income trust kid.He travelled the world like a rockstar playboy,his only worry if he has a bad hair day and now he’s our prime minister.

Trudeau: “ah,ah,ah it would be inappropriate for me to comment on this matter before the courts” with that nice little globalist smirk that is the equivalent of of laughing while giving the middle finger.

Here is hoping China dumps Canadian real estate assets and we might see that 80% drop in housing prices in Vancouver that the NDP will get blamed for.

It is time for the public inquiry and a registry of all existing homes to see who is who.

Highly highly doubt they took her to the ‘normal’ jail, or even put her in a CBSA cell at YVR. Most likely what happened was that she was met at the airport by the CBSA/RCMP officers at the gate, who whisked her, right on the tarmac, to the Fairmont where she more than likely is under guard at the moment. With access to all the room service she wants.

Yes, still an arrest. Still detention nonetheless. But probably not a typical “Canadian penal experience”.

The United States of America is by far the most intrusive nation on the planet.

It deigns to tell Chinese companies, and all the world, if they can trade with Iran or not.

It occasionally orchestrates “regime change” in various countries around the world.

It sends its armed forces hither and thither about the globe.

Meanwhile, this so-called land of the free was highly outraged that Russia may have tried to convince U.S. voters who to vote for. This was not Russians hacking a voting machine, merely Russians stating their case trying to convince voters via social media. Perhaps using false information. (Like everyone else involved). Much ado over not much. THAT they call an outrageous intrusion.

I think it’s best to remind everyone here that China is still a COMMUNIST country and we should never allow China or any of it’s copycat, lying and outright fraudulent companies to take over or get ahead of the free western world!

Never China…..never…….good job RCMP and good job Canada! It’s good to see that our top cops are supporting the rule of law and backing our U.S. allies with her arrest and detention.

I have this buddy who I found on Twitter. His name is Marc Cohodes. This is what he openly tweets about Canada often. He is an example: “Joe Six Pack has no chance in Canada..NONE..The entire Financial System is Corrupt and truly a Banana Republic… One day I will devote 3 Chapters in a Book and Name Names.. The Whistleblower program is a Complete Farce”

Here is Carson Block. Block on Canadian regulators/policy makers: “We tend to think of Canada as being first world, but in some ways they’re a little more ‘clubby’ than we’re used to”

We all know that Meng was arrested in Vancouver because the US authorities exercised an extradition, based on a criminal act of sorts. She flew from Hong Kong to exchange flights in Vancouver heading to Mexico. Why and how did the USA know her exact flight plan causing problems for Canada? Could it be just a coincidence or was it because Canada had yet to join the 5 eyes in this endeavour?

@#18 Linda on 12.09.18 at 5:27 pm
I sincerely trust the USA has solid proof of misdeeds to justify the arrest of Huawei’s CFO. ‘Alleged’ does not fill me with confidence for a number of reasons, including the whole ‘guilty, must prove innocence’ scenario. Some earlier comments when this story broke asked if Canada should ‘turn a blind eye’ when the rule of law if being flouted. My answer is no, but if this turns out to be some political maneuver to put pressure on China & Ms. Wenzhou’s arrest was not justified, Canada will have been a party to that. What action should Canada take then?
_______________________________

The US does whatever they want, whenever they want.
Remember the weapons of mass destruction in Iraq?
No need for proof lol

I shake my head every time I hear the media “talking heads” claim that this has anything to do with 5G. Huawei 4G equipment is ubiquitously installed in Canadian mobile telecom networks, base stations. Any sort of attack or spying that would theoretically be possible with 5G equipment, would also be possible with 4G equipment.

So if Canada were to require Huawei equipment to be withdrawn, the government most likely would have to compensate Canada’s mobile network operators (Telus, Bell, SaskTel, Rogers) for their substantial costs. Additionally there’s no guarantees, short of an extensive proprietary source code audit process, that competitors’ 4G products are similarly free of the sort of back doors that are alleged of the Huawei equipment.

The extent that the media (especially Canada’s fake news, Glow-Bull, which has been caught misleading the public about Chinese participation in Canada’s RE) has exaggerated the issue and the ‘5G’ nature of such really leaves a lot of questions that should be answered. Such as whether there is a commercial agenda against Huawei by competitive (Western) equipment manufacturers, or a desire by western intelligence agencies to have their own undocumented back-doors into the network equipment.

“Outfits lik Huawei, along with Apple, Samsung, Microsoft, Foxcon and Hitachi are everywhere across the planet, shipping product, building national infrastructures, employing millions and earning billions. Walls, borders, duties, non-tariff barriers and nationalist politicians are their enemies. They curb growth, reduce profits, shrink opportunity and make investors unhappy.”

At the age when a petty issue of publishing a link to an official petition, hosted on the government website is a “not a chance”, people seem to be surprized by the fight that who and how controls the Internet, wireless infrastructure, backdoors, nationally and internationally.

The world was naive and lacked proper technology when Cisco, Microsoft, Google, Facebook, chipmakers could go global, deeply integrated into economies around the world. It was powered by the militarily, technological uni-polar power of the US.

This has been coming to an end. Over the years China managed to catch up and being able to produce cheaper competing technology, by gaining near monopoly in production. Thanks to Western corporate greed and shortsighted politicians, who thought they could defeat Communism by consumerism and who were too idiot to comprehend the most basic security concepts. Or too evil, to cover their business on private server, that had zero chance to withstand state sanctioned hacking.

China is trying to pull the same trick what the US did, placing Trojan horse devices that can control, snoop information at the core infrastructure level, with the convenience of cheaper price, around the world.

“Not a chance” is the response from growing number of waking Western governments, including the US.

#55 Vampire studies on 12.09.18 at 6:25 pm
Am I understanding some of these comments? we should have just let her pass through? We are supposed to ignore the law and terms of treaties?
What would THAT say about Canada?
__________________________________
The venom towards T2 on here is so strong that some would cut off their nose to spite their face LOL

This is nothing new and has been going on for many decades. If there is no enemy to fight, one is created; if there is no evidence, the evidence will be created; and if someone is guilty of a crime, we will create evidence to the contrary, and he or she can leave in peace free once again.

Unfortunately your blog dog friend is being played, much like Trump and T2 were. John Bolton knew about the arrest but didn’t tell Trump even as they all sat down to dinner with Xi. There is coup going on the Whitehouse.

…Meng’s father is a retired officer with the Chinese army who serves as a member of the National Congress of China’s Communist Party. Meng is his only child. She holds a master’s degree in management from Huazhong University of Science and Technology…

Alibaba’s Jack Ma is a Communist Party member, China state paper reveals

SHANGHAI (Reuters) – Jack Ma, the head of e-commerce giant Alibaba Group Holding Ltd and China’s best-known capitalist, is a Communist Party member, the official Party newspaper said on Monday, debunking a public assumption the billionaire was politically unattached.

The People’s Daily revealed Ma’s Party membership in a list of 100 people it said had helped drive the country “reform and opening up” process. Ma is China’s richest man with a fortune of $35.8 billion, according to Forbes….

… “The Chinese side firmly opposes and strongly protests over such kind of actions which seriously harmed the human rights of the victim,” its statement read. Beijing had “lodged stern representations with the U.S. and Canadian side, and urged them to immediately correct the wrongdoing and restore the personal freedom of Ms. Meng Wanzhou.”….

Uighur leaders have called on democratic governments to confront China over its treatment of ethnic minority Uighur Muslims, saying the government’s actions against the ethnic minority group are “precursors to genocide”.

On a visit to Australia, leaders of the Uyghur Human Rights Project (UHRP), based in Washington, said governments, businesses, academics and thinktanks all had a responsibility to stop “business as usual” relations with China.

They also warned of China’s “extra-territorial reach”, which saw coercion and threats against Australian Uighurs, who were unable to escape the reach of the Chinese state.

“It’s time for action, something horrific is happening on our watch,” said Nury Turkel, chair of the board for the UHRP.

An estimated one million Muslims are being held in detention camps in Xinjiang by the Chinese government as part of a sweeping crackdown on the rights of the minority group….

Nope; Mexico would not have acted, they know exactly what is going on.
Nothing will happen to Meng Wanzhou, a little publicity, the usual from T2, he might tweet her 50 million but all is good in his world! Sunny ways!

At the heart of this issue is the US governments belief that it can force the rest of the world to enforce its sanctions on Iran. Why should Canada be a part of this? The arrest of Meng Wanzhou was a travesty of justice and an affront to Canada’s sovereignty. This just demonstrates that Canada is in reality a vassal state to the US. Sure everyone thinks it’s cute when incompetent Chrystia Freeland badmouthed Trump during NAFTA negoations, but in reality Canada through NATO and the “Five Eyes” security agreement is the United States’ vassal.

And what will happen to Canada as this battle between the world’s two largest economic/military empires “use” a Vancouver court room to hash out the next step…before the step that WILL occur AFTER that.

And what, exactly, will be THAT next step?

It won’t benefit BC and Canada, as far as I can see. There will be a winner and a loser, and then there will be us.

If the US gets the girl, China will be on our back. If she “escapes” back to China, the Trumpster will become our Thumpster.

Possibly with that in mind, the Yanks “instructed” its ever-obedient colonial forelock tuggers to rope in that lady, whose father–Huawei’s founder–apparently has deep roots in the Chinese intel establishment. I guess Washington wanted Canada to get some blowback for whatever distractive reason.

BTW, I wonder how many Beijing spooks are casing the joint (Vancouver) and just what may they have up their sleeves?

Dont’ wanna think about it.

After Canada’s royal shafting, by the US and Mexico, with the signing of the USMCA trade deal I guess one more “request”, from Big Daddy in DC, seemed the “right” thing for us to carry out. Mais Oui, mon President.

Already the Chinese government has canned a planned BC government trade tour to China.

So, I’m with the collective comments of #7 and #39. But I’m not sure this lady will be going to the US.

For us to be the squishy “meat” within the two “pieces” of the world’s biggest geopolitical sandwich (pass the mustard and relish) will be darned-near unprecedented for us. Uncomfortable.

My hope is that someone somewhere will sort this out so that all sides can “see the light” and determine whether sending this lady to American judicial purgatory wll actually change a thing.

One wonders if it was one of the famously short “mini Mounties” ( standing tall at less than 5ft 7inches) that seem to thrive everywhere at YVR airport who got to “slap the cuffs” on Merciless Meng.
Did she go quietly or did she drop names like Xi and Putin as her dads’ best friends to try and intimidate our vertically challenged boys in blue?
And now that she’s in temporary Lock Up does she get to knit Mailbags with the other criminals awaiting trial?
Or is she kept isolated from other chained desperados wanting to earn some “cred” and another 1%’er tattoo for punching out a billionaires progeny.
Top bunk or bottom bunk?
Rolex or Patek Philippe for cigarettes?
One can only imagine the conversations after “lights out”.
Inquiring minds want to know……

Sure, this looks ugly on Canada, but it’s completely expected that if there is a warrant for the arrest of a person and said person shows up at your border that you arrest said person. Just in this case the person is very high profile.
About Huawei. Not really Apple. Sure, they make phones, but Huawei also makes all the backbone infrastructure for modern communications networks. Everything from wireless base stations to routers to optical networking equipment. And they are pretty ruthless in business, despite the nice shiny marketing images. I have no idea if they actually ran afoul of export rules involving Iran, but I do know you basically are not allowed to export any encryption related technology there. Especially if some of that technology was developed in the USA.

#6 Paul yes – two billionaires got the final penalty here in Toronto last year. Police will never utter another peep, been told to stand down I imagine. The family had to take over investigating.
I cannot imagine many at that level are allowed to keep clean. Deals get done. Debts get sealed – or unsealed.

Canada did what it was required to do under established international agreements. Not our accusation nor our court case. If the judicial system goes through its paces and she is to be surrendered to the US authorities I think we can be sure that the judicial process will have been followed in minute detail. No nation should blame Canada. What we do know, and the Chinese know, as the world knows, is that once a person finds themselves on US soil and in the hands of the US justice system it is a different ball game. Just ask Edward Snowden who knew he had to flee to the far regions of the world and remains today a fugitive from his country, resident in Russia. To my mind the US would never have raised this request without significant and substantial evidence of guilt. While ‘loss of face’ may be more culturally associated with the Chinese, in no way can the USA afford to make any error in calculation on this matter. Too much at stake. They better have the hard evidence and I suspect they do.
The real danger to Canada and our reputation would be if she makes bail and then disappears into thin air. Hope that scenario isn’t being worked on as it would really cast a humiliating light on Canada.
Fishman…get your 1976 Cadillac Eldorado out of mothballs and organize a stake out in West Van. Never mind, make that the Dunbar residence. Easier for one to ‘disappear’ from that neighbourhood. Lay out a spike belt. Somewhere in Hollywood a screenplay is underway.

A few years back a United Nations local gang member was arrested by American authorities in Los Angeles on an Air Canada non stop flyover flight from Canada to Mexico. We learned that Air Canada has to provide American authorities with a copy of the flight manifesto of any passenger plane entering American air space . This suggests that the American authorities have some strategy in mind by having Meng Wanzhou arrested in Canada rather than in the States where they could have ordered her plane to land.

Jeez “lil potato” didn’t anybody clue you in? If you go to these fund raisers with the local Chicoms & take the money you gotta deliver. Where was the heads up for telephone girl. The extradition papers must have went through Ottawa. Thats what political fixers & bag men are for. The peons out west are too low level to affect change.
I’m betting Constable Wu after serving the arrest warrant sat down to this dinner conversation: How did your day go dear? Pretty quiet, we picked up Princess Leia at the airport, took her downtown & processed her for the hand over to Darth Vader.
OK, I’ll cancel our plane tickets to China to visit your grandparents.

The Chinese love to gamble. Anyone who has spent time with them will tell you this. They play the long game which North Americans do not understand. If you want to win a game then this is the perfect opponent to have. Check Mate Canada.

Probably will get deleted for this but one is stupid enough to buy or use Fentanyl without a prescription; then, what the hell does one expect??

How just how; without payola does this much product enter this country with todays’ technology; not possible!

I love the show “Bad Blood”, it sure does educate (although fictional or maybe not) on how this system works. You take one, then you take the chance of what is going to happen to you. Billions in health spent for ??????

A stupid rumor has it that the leading technology at HW was funded by US and CDN taxpayers. Most of the primary research was done at north american universities funded by all you happy ratepayers and that one way or another that work made it over there. Just a stupid rumor.

So I am thinking of taking out a HELOC to invest in solid Canadian companies that pay dividends (to take advantage of the tax breaks). With the recent stock market decline, dividend percentages are getting juicy.

LOL, I realize I am asking random internet people for advice, but when do you suppose the market bleeding will stop? I am of the thinking that early 2019 will still see volatility due to tariff talks.

I’d love to do the impossible and time the market relatively correctly (within a half year window).

#79 Sydneysider – She knew to stay away from the USA, and could have gone to Mexico in other ways. For example just take a flight from Hong Kong to Amsterdam, and stay a day, and book a flight to Mexico. The lady also had two passports and had a couple of different names. Money buys anything in Mexico, so why not use a private jet?

“09 Drill Baby Drill on 12.09.18 at 8:39 pm
The Chinese love to gamble. Anyone who has spent time with them will tell you this. They play the long game which North Americans do not understand. If you want to win a game then this is the perfect opponent to have. Check Mate Canada.”

-Umm gambling is the polar opposite of the long game.

Democracy: every four years we decide if we are on the right track. Sometimes we do well, sometimes we don’t. Still the best system that will ever exist though, don’t kid yourself.

The extent that the media (especially Canada’s fake news, Glow-Bull, which has been caught misleading the public about Chinese participation in Canada’s RE) has exaggerated the issue and the ‘5G’ nature of such really leaves a lot of questions that should be answered. Such as whether there is a commercial agenda against Huawei by competitive (Western) equipment manufacturers, or a desire by western intelligence agencies to have their own undocumented back-doors into the network equipment.

—

Only immediate comparators in 5g to huawei that might benefit greatly from all this are eriksson from sweden and nokia from finland and maybe qualicom fro usa, everyone else is behind those 3 when it come to 5g.

How many people here really think this is an application of ” rule of law”?

Do I think Huawei did the deed? Yes.
Do I think this is why the US arrested her? No.
Why did the US arrest her? To exert dominance over Canada.

The US has upset a great many Canadians with Trump’s behaviour, the tariffs, calling Canada a security threat, etc. This means other countries, like China, can win influence here unless some event occurs that causes a rift between Canadian and Chinese relations.

It’s an added bonus if it means Huawei tech is removed from Canadian infrastructure.

Garth, I won’t be surprised if the markets lose 5 to 10% tomorrow. It’s rapidly going past a point of no return, particularly with the US and China heading towards a war. How in God’s Green Earth do we invest for this?

“Canada did what it was required to do under established international agreements. Not our accusation nor our court case. ”

-The best comment tonight. Like Garth mentioned in today’s post, no one wants a trade war but none of us have the full story. Lots of competing forces here: international law, judicial/national sovereignty, business interests, US Canada relationship etc.

The coming weeks will shed some light on the US accusations and determine if the arrest was justified or not.

This makes no sense because Meng was not stupid, and had money. A US Federal Judge issued that arrest warrant last August, and she was aware of it. This lady had advisors explaining what to do under the current circumstances, and to avoid USA. Why then did she fly into Vancouver? She would have been fully aware with any checking systems in place between Canada and USA.

Interesting that she is reported to own multiple BC properties as well, part of a huge problem in this province. This is part of the reason there will be a big backlash against status quo politicians in 2019. Maxime is on to something. The Canadian housing market and the domestic economy in general should be for Canadians, nuff said.

Another related story aired on CBC today. Shocking revelation that at just one hospital in Richmond, BC some 20% of all babies born are from ‘birth tourists’.

CBC predicts this will be a “hot button issue” in the next election. And boy, are they right.

Immigrants are welcome. But Canada is for Canadians, existing or aspiring, who come from many backgrounds, who share a desire to be part of our nation and its values. Not for opportunistic 1%ers and birth tourists.

Did you know that Justin Trudeau pressured many foreign governments to release only female Canadians for CRIMES that they committed on foreign soil?
The countries so far who were contacted by the Canadian government to release accused Canadians were:
Thailand, Asia [vandalism]
Guyana, South America [murder]
Trinidad & Tobago, West Indies [conspiracy murder]
Indonesia, Asia [blasphemy]
Malaysia [blasphemy]
Cambodia [desecration of religious site]
United States, North America [anti-semitism]
France [false report to police]

Why did this feminist government arrest a decent woman using shackles. The Canadian government wouldn’t shackle a convicted female child molester for fear of offending Canadian women, but they would treat a Chinese woman like a terrorist because of hearsay.

SHAME ON CANADA!
China should send some soldiers to Canada and teach the SJW government a lesson!

Settle down everyone and buy the dip! This Huawei tech take down is progressing as planned. This is all about removing your competition so that our western tech companies will dominate the 5G network NOT China! You are all being given a gift of lower and lower stock, fund and ETF prices to load up on. Santa is here early…………buy more investments right now, I am!

@#121
Invest slowly and average in from the big emergency fund you’ve been holding the past 5-7 years because the markets have been over-valued. For those fully invested, ride the volatility because you made that bed so lay in it.
For those heavily invested in preferreds, nibble a bit here and there if you dare.

Oh nice, will pick-up some sweet deals over the next two days for an easy 5-10% rebound.

The more ominous question is why has Canada capitulated to the illegitimate sanctions against Iran, which are the product of 3 Billionaire investors who backed Trump early on in his campaign with millions of dollars, without which he would not have succeeded.

These 3 billionaires share an affinity for Israel, and have expended considerable resources to draw the US into neutralizing Iran via economic and conventional warfare.

Europe has wisely chosen to ignore these frivolous sanctions. So why is the dumb, servile lapdog Canada dancing to the incoherent tune from this White House? We’re going to get rewarded once more when they decide to close the Ford plant in Oakville.

She wouldn’t have a problem landing there, because AMLO would personally escort her through the immigration process with no questions asked. The largest Chinese investment in history was made by her in the form of several Tech centers employing over 1000 people with more business to come.

#56 KLNR on 12.09.18 at 6:25 pm
@#27 TheDood on 12.09.18 at 5:38 pm
There is no way Canada should have touched this. What a bunch of buffoons we have running this country….

OMG the stupidity in this country is amazing! WOW.

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you being a prime example lol
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Am I? You’re OK with our already stretched tax dollars used and wasted arresting, jailing, and extraditing this person? Not to mention the eventual cost to the economy? What laws has she broken in Canada? By playing dumb and letting her slip through the cracks, we’d have lost nothing.

And for those referencing the “rule of law”, please……there are twice, thrice, four times convicted pedophiles wandering our streets. There are persons with 10 DUI’s still allowed to drive. Rule of law my a__!

Just turn around T2s statements that he has publicly said about men and instead of men use women and ethnic minorities, especially about male construction workers and business”mens” acumen.
Leaves a bad taste in your mouth that this is the type of small minded, narrow thinking person we have representing us on the world stage.

There is no way we should have detained her at the border. There are loads of real overseas criminals here in YVR pedalling fentanyl, laundering money, and running all sorts of scams that it takes years for the police and RCMP to investigate and try to toss out of the country. Very strange to me why we single out this particular woman and make it a priority to arrest her on behalf of the americans. The U.S. is not doing any favours for us these days, and having a too close connection with them in world affairs is bad for us.

#54
Apparently the Chinese government is busily working out the wrinkles on how to run a “re-education ” camp on a very large population of people, starting with their own minority Muslims.
Eighty years there was a different name for those types of camps and systems but “re-education” sounds so much more politically correct.

From a well placed former executive at Microsoft in a private conversation. The most popular software in China is Office. More than 300 million copies. Number of registered copies, fewer than 1,000. Software piracy.

In each case we were told we would get zero dollars if we employed any person with any family no matter how distantly related who lived in China. We are software guys, most of our engineers and programmers are Asian.

The reason they all gave was that there was no way to protect our intellectual property. Which is all they invest in. Others have told me the same thing from other VC groups around the world.

The business war between USA and China could be a great opportunity for Canada but we won’t grab it. We are also involving this war. A few days ago we clash with KSA and now clash with China.
I think Canada lose reputation gradually. If we follow D. Trump then it will be our destroying cause.

There is something hinkey going on here. If Garth doesn’t delete me, perhaps a little chew on the bone…

1. Interpol chief, Chinese Meng missing for 2 months

2. Arrest in YVR through Interpol warrant, as US no jurisdiction for said kidnapping. Canada can’t implement/enforce US sanctions against Iran

3. The only way Canada would upset the global trade apple cart is if Huawei actually had criminal intent, say fostering the Chinese fentanyl trade killing a bunch of North Americans and laundering through Van/San Fran real estate.

4.With Meng’s father being a high up PLA officer, is this a way to conduct a revenge/reverse opium war with added bonus of 5G surveillance from their smartphones?

This arrest is so affront to juris prudence, there is something big under the surface to rock the trade boat.

I’m sure Canada and the US have a treaty regarding extradition of wanted persons. I doubt we would have fared better defying this agreement.
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That’s my take as well. Saying no to the US at this point in the game would be economic/political suicide. Those who disagree should cool their jets and think about it for a moment.

Isn’t this a question of international law, which no one seems to respect lately.

Was Canada on the fence with China, and now we are perfectly ensared…or is Canada getting back at China for Nortel? What’s done is done? Relations are damaged and whatever level of trust that existed has diminished. Who knows, maybe this is why the charges were dropped in the biggest money laundering case in Canada (just recently)…Bigger fish to fry?

As for Mark Cohodes et al’s opinions of the Canadian Financial systems…Yikes! Marc has been chatting with Sam Cooper (journalist) and Sam has been producing some great work lately on money laundering, real estate, drug (fentanyl etc) and the connection to China (gangs, government officials). Wasn’t it the British empire who pushed opium on China as a way to infiltrate. Is this payback? Something is going on. This is economic warefare, China knows it can topple real estate is Canada and they are threatening to do so. Is all foreign nationals are ordered to liquidate they will abide.

Canada of course (in the last couple weeks) has warned of foreign influence in certain public institutions and several investigations are said to be underway. The New York Times was chatting about money laundering in BC almost three years ago, under the BC Liberals. Christy Clark and her merry band also met with executives from Huawei on trade trips and in Vancouver.

If China does decide to blow the top off our real estate those politicians currently in power can blame it on the Chinese.

I guess we will have to wait and see. At least, they have to avert war at all costs…don’t they?

So she owns not one, but TWO under-used properties in Vancouver? Houses that could belong to people who actually live here and make a community. The Empty Homes Tax is nothing to these billionaires. We need to get them out.

So, I wonder if all this is going to have an impact on little Johnny Horgan’s bright, shiny LNG plants? China promised there would be repercussions… Maybe BC LNG might be one of the many pawns in the political chess game we are witnessing. So what if they break the contact, what`s a few millions to a 13 trillion dollar GDP economy. As already stated buckle up!

Why on earth does the US think they can tell China who to trade with???? Sure, they can chose not to trade themselves, they can decide whatever they wish to do. But telling the Chinese they can’t trade with Iran? How do they think it’s their business? Over phones? I’ll admit there could be a lot of other technology involved, after all I am sure an iPhone 8 has better computers than an F-35, but still. What business is it of the US?

It is a sign of the decline of the empire. Prepare for it. There is nothing left at this point but force. And force will be employed sooner rather than later. The US will not wait until they perceive it’s too late. In the same way that Buffet funds anti-pipeline organizations so he can ship the same oil by rail, the US will attempt sabotage. It’s what they do.

Next stop, the US and Israel attempt a massive attack on Syria to prove they can defeat the S-300. Let’s hope it goes well for them. Otherwise all hell will break loose. Even if Israel and the US take out the S-300, if they do so at considerable cost to their own weaponry it’s game over. The S-300 only has to kill 4 planes to be cost effective. This is what you watch next. Not stupid stock market fluctuations. And there are S-400’s and 500’s. Planes are no longer useful even if they are invisible to 70’s technology.

The world has changed, but it’s still not different. If you have the gun power you win, but only until they do too.

In general I’m far more on the Trumpian side of the equation than the Sino side, particularly as of late with the Chinese conduct in the South China Sea.

But on this one Id have to depart and say the opposite.A America’s high handed behaviour is absurd and Canada’s participation in it idiotic. It amounts pretty much to kidnapping since the idea that the US can enforce sanctions on any country dealing with any other country itself is BS. And moreover enforced on Canadian soil. This sets a very bad precedent and gives the Chinese and Russians a very valid case for retaliation and kidnapping of western business people. It’s nuts.

So she owns not one, but TWO under-used properties in Vancouver? Houses that could belong to people who actually live here and make a community. The Empty Homes Tax is nothing to these billionaires. We need to get them out.

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Canadian homes for Canadians. Period.

It’s time. The world is moving in that direction. Abusive globalism is in decline. France is the latest country to say NON to the globalists. 18% approval rating for Macron – he is finished, lame duck for the rest of his term. New Zealand led the way by banning foreign ownership. Canada must do the same and I believe eventually it will.

And no, I couldn’t give a rat’s behind if Florida bans Canadian ownership. Go right ahead.

Has there ever been a billionaire successfully convicted of anything….ever?

She will walk.

Or maybe we could incarcerate the president’s son in law Kushner (rumour has it he is chilling in Canada until the Mueller BS blows over) and piss off two of the worlds most powerful countries.

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Jeff Epstein, Allen Stanford, Raj Rajarnatham, Michael Milken, Madoff was close. Those are just the American’s in the last 20 years.

A better question is, has a billionaire ever been charged with trading with a sanctioned company? And the answer is Yes! Marc Rich for trading oil with Iran. He fled and avoided US soil until he could secure a pardon.

#28 Huawei = dead company walking on 12.09.18 at 5:39 pm
You want to mess with US and the flagship Apple product competitiveness through stealing your ideas from Nortel and causing the Nortel collapse and shutting down of it via hacks?

Chickens coming home to roost now. Start dumping China stock ASAP. This could tip an already fragile economic situation in China. I’m ready for it.
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Nortel collapsed because they convinced idiots (you sound like one) to buy their stock based on metrics that painted a wonderful picture of the company and glossed over the very real financial distress. Chinese hacking had nothing to do with it.

#32 Shawn Allen on 12.09.18 at 5:49 pm
The Intrusive United States of America

The United States of America is by far the most intrusive nation on the planet.

It deigns to tell Chinese companies, and all the world, if they can trade with Iran or not.

It occasionally orchestrates “regime change” in various countries around the world.

It sends its armed forces hither and thither about the globe.

Meanwhile, this so-called land of the free was highly outraged that Russia may have tried to convince U.S. voters who to vote for. This was not Russians hacking a voting machine, merely Russians stating their case trying to convince voters via social media. Perhaps using false information. (Like everyone else involved). Much ado over not much. THAT they call an outrageous intrusion.

The United States is NOTHING if not hypocritical.
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No. The US tells financial institutions, licensed to do business in the US, who they can do business with. Can you agree that is within their rights?

From that, if you lie to a US institution to facilitate business with a sanctioned regime, you’ve committed a crime. It’s really very simple. And in the great pantheon of examples of American intrusion this simply isn’t a case.

@#96 The jag
“The real danger to Canada and our reputation would be if she makes bail and then disappears into thin air. Hope that scenario isn’t being worked on as it would really cast a humiliating light on Canada.”
+++++

I’m quite sure that Canada’s “rep” for treating criminals with velvet gloves IF and WHEN they are actually convicted of anything after years of appeals……is very well known….world wide.

#45 KLNR on 12.09.18 at 6:11 pm The US does whatever they want, whenever they want. Remember the weapons of mass destruction in Iraq?
No need for proof lol

– You mean, like the ‘non-existent’ weapons of mass destruction that “Chemical Ali” used to kill ~5,000 Kurds in Halabja, along with lots of others? The ones they hanged him for? THOSE non-existent weapons of mass destruction?

These are not my opinions but well documented and published facts, developed by people with far more credibility than some gremlin in the comments cesspit.

In fact, striking down Obama’s JCPOA is probably one of the few things Trump has ever been consistent about, and this is widely regarded as a pay-off to Sheldon Adelson, his biggest donor and staunch backer of Israel’s extremist Likud party.

He’s publicly declared that America should “nuke Iran”.

These are the people Trump has surrounded himself which shows in the so-called foreign policy.

@#164 Y. Knott on 12.10.18 at 9:25 am
#45 KLNR on 12.09.18 at 6:11 pm
The US does whatever they want, whenever they want. Remember the weapons of mass destruction in Iraq?
No need for proof lol

– You mean, like the ‘non-existent’ weapons of mass destruction that “Chemical Ali” used to kill ~5,000 Kurds in Halabja, along with lots of others? The ones they hanged him for? THOSE non-existent weapons of mass destruction?
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#137 millmech on 12.09.18 at 11:01 pm
#54
Apparently the Chinese government is busily working out the wrinkles on how to run a “re-education ” camp on a very large population of people, starting with their own minority Muslims.
Eighty years there was a different name for those types of camps and systems but “re-education” sounds so much more politically correct.
____

China’s leadership is one airhead leader away from a burning country. I guess we should not expect a commie dictatorship like they have to remain focused on the economy forever. Someday, everything will look acceptable on that front, while other long “neglected” tasks will be taken hold of…

I’m not up-to-date with treaties regarding extradition of wanted people, so hey,I’ll just keep on focusing on helping out the common person…

M44BC

Top 50 Places to Live in the United States in 2018.

There are lots of ways to compare cities against each other.

To name only a few, you could look at average income, expenses, housing prices, crime rates, the quality of schools, traffic, proximity to professional sports teams, weather, politics, job security and racial diversity. The list goes on and on. With so many different factors to consider, a simple list just isn’t enough information. We decided to cut through the noise using one of the most popular rankings around: Money’s top 50 best places to live in the U.S.

Money combed through hundreds of cities and focused on three main categories: earning potential, the cost of living and quality of life. Researchers focused on racially diverse places with reasonable crime rates and more than 50,000 people. They ranked each city across a variety of different factors, including the weather, high school graduation rates, the length of an average worker’s commute and the ratio of income to home prices.

We wanted to create a simpler visual breaking down the main categories that people care most about, so we concentrated only on median family income, home prices and projected job growth (2017-2022). The resulting visualization lets you quickly compare different locations depending on what matters most to you.

The first piece to consider is the relative size of an average worker’s paycheck. 30 out of the 50 cities boast median family income levels over $100,000, led by Bethesda, MD at $179,478. To keep that in perspective, median household income across the country sits just under $76,000. Places like Bethesda and Brookline are actually suburbs of much larger metro areas, notably New York City, Boston and Washington, DC. In other words, a key ingredient to high wages is proximity to a competitive job market with lots of employers.

But income is only one factor to consider when comparing cities. Home prices provide another critical angle because housing costs are typically the single biggest expense in any family’s budget, and a high salary might not go very far if your mortgage is outrageously expensive. Unfortunately, median home prices for the cities on our list are quite expensive. Brookline, MA tops the charts at an eye-popping $996,550, or about 7 times the median family income for that area. At the opposite end of the spectrum, Rock Hill, SC has the most affordable housing market on our list at just $175,000, roughly 3 times median income. This suggests that workers stand a much better chance totally paying off their mortgages in cities outside the Northeast

In fact, many of the places with the highest median incomes also have the lowest projected job growth. The top 10 highest median incomes have a combined projected job growth rate of 6.5%, compared with the bottom 10 at 8.0%. After all, why would employers dramatically expand payrolls in already crowded markets with workers expecting high salaries?

All of which goes to say that there are lots of factors that go into ranking cities, and in turn, determining the best place to spend one’s career. If you’re interested in relocating for a job, there’s a lot more to think about than just your baseline salary. Consider a variety of different factors instead, and use our cost of living calculator to paint a complete picture.”

She will most likely be released from custody to contest her extradition as the posting of her homes equity in Vancouver and surrendering her passports will , I suspect be persuasive. The presumption is to release unless the crime alleged is a reverse onus offense.

Remember folks as we enter a period of market decline and uncertainty, the most common mistake the amateur investor makes is to liquidate their portfolios and try another investment method. This results in locked in losses and emotional decision making when structuring their “new” portfolio, often leading to more losses.

I’d like to know the origin of notion that Huawei had anything to do with the collapse of Nortel.
Nortel was in freefall before anyone had ever heard of Huawei, when they were still known in NA as Futurewei.

Nortel’s chief antagonist was Nortel.

When Nortel’s optical gear was the best in the world, and everyone was lined up at the door to get it, they were selling it far too cheaply. When times were good, the spending got out of control. When times turned bad, they were f***ked.

After that it was a disastrously managed multi-year decline with a constant drip-drip-drip of morale-destorying layoffs. New product after new product was developed, deployed, and then cancelled as the “corporate strategy” changed. It was sad to watch.

The execs always got their bonuses though. We can all celebrate that, at least.

The Nortel labs were built before China was any kind of technological power. The notion that they were bugged by China is ridiculous to me. I suspect these spook stories were invented by civil servants who wanted to justify delaying the move from downtown Ottawa all the way to … western Ottawa. (A tremendous trek, worthy of empathy)

Dad never taught JT how to deal with this type of photo op. He is obvious by his absence. I am a-political because real politicians have since disappeared being replaced with photo-ops and spending spree’s.

The world keeps moving regardless and China’s bully stance you know, the country that jails anyone is espousing unfairness and tripe about rights, is beyond reproach and ridicule.

Guess even if you are a billionaire there is one BIG lesson in this ….use your own damn plane! BBWWWAAHH

I think there are other measurement that could’ve been implemented instead of arresting the CFO of the company. There are enough companies all over the world doing business with Iran, the usual way is to sanction the company so that they can no longer operate in US or do business with any company that wants to do business in the US.

Just for shi+ and giggles, what if one day China detains Justin Trudeau for smoking weed in canada, which is a crime in china?

#172 IHCTD9 on 12.10.18 at 10:07 am
China’s leadership is one airhead leader away from a burning country. I guess we should not expect a commie dictatorship like they have to remain focused on the economy forever. Someday, everything will look acceptable on that front, while other long “neglected” tasks will be taken hold of…
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China has been playing this game for a few thousand years – little gets neglected, some games are just longer than others, and the system is built to expunge airheads before they become leader… The commie part is the latest trappings of a ruling elite / system to govern what was essentially a closed water empire as it emerges into a global actor… Airheads aren’t the problem, the balancing act between young and old conservative views will be with a large rural and cranky middle class if the growth train slows or reverses and outside entities that start to wonder if they are being invested in or occupied… China, between 19th and 20th century learned lessons from preeminent empires of their times including British, Japanese and American…

I’m with Goodheart … stay the course and learn to love the colour red. The sentiment is, and will probably stay negative, for some time. Resist the impulse to buy until there is a clear reversal of the trend.

#32 Shawn Allen — “The United States of America is by far the most intrusive nation on the planet. It deigns to tell Chinese companies, and all the world, if they can trade with Iran or not.”

To be fair, I don’t think the US has ever told China it couldn’t trade with Iran. The US has said that if any country wants to trade with the US, including using US dollars and the international payment systems anchored by US banks and banks with US subsidiaries, that country could not also trade with Iran.

Does China have a right to trade with the US, and to use the dollar based banking system? I don’t think so.

I could go on for days about US government actions that I don’t like. But I always remember two things:
1) It’s usually much better to live in a time of a hegemon (e.g. Rome, the British Empire, post-WWI USA) than in the periods in between.
2) I’d much rather live with a US Hegemon than China or Russia, even if I have to put up with The Great Pumpkin as POTUS for a while.

If the US has charged Meng prior, they are well within their rights to have Canada extradite her as per the treaty. However, Canada should be careful though. Canada let France extradite the Ottawa professor who happened to be Muslim and he spent 3 years in jail and was later released because their was no proof of him being a terrorist. Good thing he isn’t suing like Omar Kadr to become the next Canadian millionaire.

As for people bemoaning about no one respecting international law, do you mean examples like:

Invading a sovereign country like Iraq to overthrow the government? Or violating international air space of Pakistan to assassinate Osama in his pyjamas instead of having him tried in international court for his crimes?

Better get square with the CRA right quick, or you may find yourself living in Federally-owned ‘social housing’.

You won’t have to move, though. New today is an announcement by CRA that they’ll be using ‘proceeds of crime’ legislation to freeze and seize assets related to tax evasion. SO, if you haven’t been declaring the income from your little ‘mortgage helper’, or those properties you’ve been speculating on, you’d better be treating your tenants right!

One bad move, and you could lose it all – and then spend everything else you own, trying to get it back.

#176 Nortel was very good in optical transport. In ’90s they were operating like a government and got an idea to battle with Cisco on IP front. Chinese were spying on everyone (like everyone else) and Nortel was one of the targets but that did not cause its fall.
BTW, “western Ottawa” is not in vocabulary of Ottawa’s public servants, they fight tooth and nail against any move to the west (Kanata is off limits for them).

#27 TheDood on 12.09.18 at 5:38 pm
There is no way Canada should have touched this. What a bunch of buffoons we have running this country. No matter which way you look at it, this is not our problem. It’s between US and China, and by sticking our noses into it, the country is going to suffer. We could have easily let her board a plane for Mexico and acted like incompetent morons – like our glorious leadership – and nobody would have been the wiser.

OMG the stupidity in this country is amazing! WOW.
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“If the application from the requesting state is in order, then Canada is legally obliged to arrest her”

Canada did not have a choice but to arrest her. You are showing some of that Canadian stupidity you mentioned.

It is entirely possible that Trump didn’t order the arrest but was ordered by one of his “deep state” opponents to embarrass Trump after his meeting with Xi. I haven’t seen anyone reporting that Trump ordered the arrest.

Well if I was the PM would have discreetly informed the RCMP to back down on the arrest allowing her to get on the passenger jet flying to Mexico. Then would have my Foreign Minister (actress) to call DC telling them she got away on us, and be sure to apologize because she outran our officer who fell down hard. In this way Mexico would be holding the bag.

Is this just ramping the “wag the dog” war with Iran? How does antagonizing China over their middle east policy really benefit Canadians? Who is pulling the strings and why are we going along with it? Hmmmm..

#194 Need To Be Smarter on 12.10.18 at 2:32 pm
Well if I was the PM would have discreetly informed the RCMP to back down on the arrest allowing her to get on the passenger jet flying to Mexico. Then would have my Foreign Minister (actress) to call DC telling them she got away on us, and be sure to apologize because she outran our officer who fell down hard. In this way Mexico would be holding the bag.

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Awesome Netflix movie concept…JT is played by the Bieber..nah scratch that JT plays himself a role he is very familiar with..

I’ve got a trip to China planned for April and can cancel with minimal penalties until mid February. Hopefully, all will be resolved by then. Forty years ago Justin’s father Pierre rejected US efforts to blockade Cuba. Why are we kowtowing to US efforts to blockade Iran today? It’s a disgrace and my sympathies are with the Chinese.

#189 Guy in Calgary on 12.10.18 at 12:54 pm
#27 TheDood on 12.09.18 at 5:38 pm
There is no way Canada should have touched this. What a bunch of buffoons we have running this country. No matter which way you look at it, this is not our problem. It’s between US and China, and by sticking our noses into it, the country is going to suffer. We could have easily let her board a plane for Mexico and acted like incompetent morons – like our glorious leadership – and nobody would have been the wiser.

OMG the stupidity in this country is amazing! WOW.
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“If the application from the requesting state is in order, then Canada is legally obliged to arrest her”

Canada did not have a choice but to arrest her. You are showing some of that Canadian stupidity you mentioned.
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Right…….spoken like a true lap dog. Jump when the master looks your way.

The US Dept of Justice has been going after intellectual property thefts lately. In past weeks there have been several well publicized arrests made of intellectual property “spies” within the USA. Perhaps this incident is related to that focus.

There have been some comments above about the USA charging Canada tariffs on steel. AFAIK, the tariffs do not apply to Canadian steel, only to steel manufactured elsewhere. One of the biggest problems that the USA had with NAFTA was that other countries used Mexico and Canada as a way to get their goods into the USA through the “back door”. The USMCA plugged that hole.

@#164 Y. Knott on 12.10.18 at 9:25 am
#45 KLNR on 12.09.18 at 6:11 pm The US does whatever they want, whenever they want. Remember the weapons of mass destruction in Iraq?
No need for proof lol

– You mean, like the ‘non-existent’ weapons of mass destruction that “Chemical Ali” used to kill ~5,000 Kurds in Halabja, along with lots of others? The ones they hanged him for? THOSE non-existent weapons of mass destruction?
__________________

LOL, quit being wilfully ignorant.

– Oh, I see. You don’t believe it, so it never happened. Foolish of me to object, really – I apologize.

As Lord Melbourne said of Thomas Babington Macaulay, ‘I wish I was as cocksure of anything as he is of everything.’ It must be a great comfort – I envy you.

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The views expressed are those of the author, Garth Turner, a Raymond James Financial Advisor, and not necessarily those of Raymond James Ltd. It is provided as a general source of information only and should not be considered to be personal investment advice or a solicitation to buy or sell securities. Investors considering any investment should consult with their Investment Advisor to ensure that it is suitable for the investor's circumstances and risk tolerance before making any investment decision. The information contained in this blog was obtained from sources believed to be reliable, however, we cannot represent that it is accurate or complete. Raymond James Ltd. is a member of the Canadian Investor Protection Fund.